Teathers Financial plc has appointed Alexander Barblett as a non-executive director (NED) of the company. Companies House recorded the appointment effective from 24 October 2022. Mr Barblett has more than 25 years of senior management experience across numerous sectors. He is an experienced director and adviser for private and listed companies, in relation to raising […]
Tag: metals and minerals
Oriole extends salary sacrifice scheme
Oriole Resources plc has completed converting the last two tranches of gross salary, totalling £51,000, under its directors’ salary sacrifice scheme which will be extended. COMPANY SHARE The company used the 30-day VWAP on 31 August 2022 (0.1785 pence) and 30 September 2022 (0.194 pence) respectively, for 17,427,633 new ordinary shares of 0.1p each. Following […]
Hummingbird partner to take 100% of Dugbe
Hummingbird Resources plc said that its joint venture partner will exercise its right to take 100% ownership of the 2,559 km2 Dugbe gold project in southern Liberia. TERMS The project lies within the southwestern corner of the Birimian Supergroup which hosts most West African gold deposits. Hummingbird identified two deposits of Dugbe F and Tuzon […]
Cadence to increase stake in Amapá iron ore
Cadence Minerals plc said it intended to increase its stake from 27% to 30% in the Amapa iron ore project in Brazil. FINANCE The company added it would retain its first right of refusal to acquire 49% of the asset. Cadence will earn the additional 3% through conversion of loans, capitalisation of management, consultancy, and […]
Cornish Metals signs additional rights at South Crofty
Cornish Metals Inc has increased its acreage by signing a lease for certain mineral rights next to its South Crofty tin project in Cornwall. GREAT FLAT LODE The Canadian company said that the deal with Roskear Minerals LLP is for a 49 hectare area adjacent to the southern boundary of its underground permission area. The […]
Tertiary to plan drilling at Brunton Pass
Tertiary Minerals plc plans a drilling programme following its summer exploration campaign at the Brunton Pass copper-gold project in Nevada, USA. MINERALISATION The company’s work included trenching, sampling, geochemical analysis, petrologicalevaluation and field follow up. Six trenches were completed for a total 386m to evaluate further previously reported copper, mercury and arsenic anomalies in soil […]